Facilities Inc

Charity Navigator Rating: 92%, Four-Star out of Four Stars

Facilities Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. This high score indicates robust governance practices, including a board comprised entirely of independent members and a solid framework for conflict of interest and whistleblower policies. The organization demonstrates transparency with its financial documents and meeting minutes readily available to stakeholders.

One of the notable strengths is the organization’s low liabilities to assets ratio of 4.34%, suggesting it maintains a healthy financial position. Additionally, the program expense ratio of 66.28% indicates that a significant portion of its budget is allocated to its core programs, which is a positive indicator of its commitment to fulfilling its mission.

Despite these strengths, there is slight room for improvement in the program expense ratio, as it falls just below the typical benchmark of 75%. However, the overall financial practices and governance structures in place highlight Facilities Inc's dedication to responsible stewardship of its resources.

This AI summary has been generated from information found on Charity Navigator.

Facilities Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Facilities Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Heare are some key statistics you may want to consider:

Executive Compensation: $87,246
Professional Fundraising Fees: $0
Other Salaries and Wages: $102,050

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Official website here: www.mefacilities.org